Atari has announced Yars’ Revenge for Xbox 360, PlayStation 3, and PC, a Killspace-developed reimagining of the 1981 Atari 2600 best-seller. The game will put players in control of an unnamed member of an insectoid alien species called the Yar. After surviving a brainwashing attempt by the opposing Qotile empire, the Yar takes flight to get her vengeance.

A downloadable game, Yars’ Revenge has been set for release in the first quarter of 2011. Details are scant, but the revamp will feature an anime-inspired aesthetic, as well as local cooperative play and multiple endings.

Formed in 2009, Killspace boasts talent from a number of big-name developers, including Obsidian Entertainment, Pandemic Studios, EALA, and Red 5. Thestudio’s LinkedIn profileindicates that it is working on “an original IP with a major publisher and a licensed IP to be announced.” The profile also indicates that the studio’s focus is on first- and third-person “action, horror, and sci-fi” games.